The IRS and the U.S. Treasury Department have announced that the August advance Child Tax Credit (CTC) payments have begun to reach eligible families. This second batch of advance monthly payments, worth about $15 billion, are reaching about 36 million families. The IRS is stressing that it’s not too late for low-income families to sign up for advance CTC payments. Anyone who normally isn’t required to file a tax return can use the online tools at IRS.gov to determine eligibility for the advance CTC. These tools can help individuals file a simplified tax return to sign up for CTC payments as well as Economic Impact Payments. For additional information: https://bit.ly/2W1DRYI Call or visit our website for more information! www.mjscpa.com/
